Representing the primary document of rabbinic Judaism, it throws considerable light on the New Testament as well, The Attitude of Jesus Toward the rabbinic Judaism, Matt 23:1-5 "Then Jesus spoke to the multitudes and to His disciples, saying: "The scribes and the Pharisees sit in Moses' seat. Therefore whatever they tell you to observe, that observe and do, but do not do according to their works; for they say, and do not do. For they bind heavy burdens, hard to bear, and lay them on men's shoulders; but they themselves will not move them with one of their fingers. But all their works they do to be seen by men."
Jesus, the Christ, to the rabbinical forefathers of Talmudic Judaism:
John 8:4 Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own: for he is a liar, and the father of it.
The Babylonian Talmud is a must for every Jewish home. Christians will find it very useful as well. You will probably never read every volume, but it is a great reference library to the Old Testament. And the price can't be beat.